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cnbc.com
SK Hynix stock opens at $170 on Nasdaq, as trillion-dollar chip company welcomes U.S. investors
SK Hynix has soared to a trillion-dollar market cap by serving some of the biggest names in technology, including Nvidia and Apple.
cnbc.com
Stablecoin issuer Circle just got the greenlight to operate as a bank. The shares are up 5%
Stablecoin issuer Circle surged in premarket trading after the U.S. Office of the Comptroller of the Currency granted it approval to operate as a trust bank.
cnbc.com
Trump says U.S. to continue talks with Iran despite scrapped ceasefire
The ceasefire signed last month came under serious strain in recent days as the U.S. and Iranian forces exchanged attacks for consecutive days this week.
bbc.co.uk
EasyJet agrees to surprise takeover bid as rival US firm swoops in
The airline says a bid from US firm Apollo has trumped a recent takeover offer from Castlelake.
cnbc.com
These are America's 10 cheapest states for 2026, where you can still beat inflation
These are America's cheapest states to live in for 2026, where residents can still beat inflation.
theguardian.com
Bank of England handed powers to regulate key tech firms including Amazon and Google
Direct oversight of ‘critical third parties’ such as Oracle and Microsoft given to ensure resilient cyber-defences and help safeguard UK economyThe Bank of England has been handed powers to regulate important tech firms including Amazon and Google from next week, amid fears that system failures could threaten financial stability and harm consumers.From Monday, the Bank and fellow City regulator the Financial Conduct Authority (FCA) will be in charge of ensuring that four large-scale providers of cloud and tech services to banks are resilient and actively reducing the risk of cyber-attacks and major outages that could disrupt services for millions of people and businesses across the UK. Continue reading...
theguardian.com
The bulging in-tray of challenges Andy Burnham faces upon entering No 10
From welfare and defence spending to cost of living and geopolitics, we look at the key issues left over from StarmerUK politics live – latest updatesAndy Burnham is expected to become prime minister in less than two weeks and has promised to significantly change Labour’s agenda and deliver improvements for all parts of the UK.But he will arrive with a bulging in-tray of challenges and issues left over from Keir Starmer – from geopolitics to the cost of living. Here is what Burnham can expect to find behind the Downing Street black door. Continue reading...
theguardian.com
Ryanair passenger almost sucked out of shattered window during flight
Serbian man reportedly saved by wife hanging on to his legs after window shattered on journey from GreeceA passenger on a Ryanair flight was reportedly almost sucked out of a window after it shattered in mid-air during a journey from Greece.The man was said to have been lifted out of his seat into the plane’s slipstream and hung headfirst out of the window after an engine failure resulted in parts smashing the acrylic window, according to local reports. Continue reading...
cnbc.com
These are America's 10 most expensive states for 2026, where inflation is punishing residents
These 10 U.S. states are the most expensive places to live in America in 2026, with inflation punishing residents to an extreme degree.
bbc.co.uk
Should you be switching bank accounts?
Martin Lewis covers whether you should be switching bank accounts.
cnbc.com
Ukraine escalates attacks on tankers near Crimea as Russian fuel shortages bite
The drone strikes form part of Ukraine's campaign designed to choke off supplies and transportation routes in and out of Crimea.
cnbc.com
New Fed task force members share Chairman Kevin Warsh's embrace of AI
The three members of a task force advising the Fed on artificial intelligence are strong proponents of the technology.
bbc.co.uk
Chip giant SK Hynix raises $26.5bn in mega US share sale
The shares are set to start trading on the Nasdaq on Friday in what will be the largest ever debut by a foreign firm.
bbc.co.uk
Man nearly sucked out of window mid-air on Ryanair plane, passengers say
Ryanair confirm a passenger was given medical treatment after an incident on a Malta Air flight, which is owned by Ryanair.
cnbc.com
Why the stock market and economy may seem out of sync
The stock market has boomed on AI euphoria, while the trajectory of the U.S. economy has been more tepid, economists said.
bbc.co.uk
EU threatens Meta with fines over 'addictive' Facebook and Instagram
Regulators say features such as infinite scroll contribute to "compulsive use" and "unhealthy habits".
cnbc.com
Meta found to breach EU laws with 'addictive' Instagram, Facebook designs
Instagram and Facebook's "addictive" designs have put Meta in breach of the European Union's digital laws, the EU concluded Friday in a preliminary report.
theguardian.com
EU accuses Meta of failing to tackle mental health risks of ‘addictive design’
Regulators say Facebook and Instagram features such as autoplay and infinite scroll contribute to ‘compulsive use’EU regulators have accused Meta, the company behind Facebook and Instagram, of failing to tackle the risks of its “addictive design” on the physical and mental health of users.In an official charge sheet against Meta released on Friday, the European Commission said features such as video autoplay and infinite scroll, which provides an endless stream of content, “shift the brain into autopilot mode, contributing to unhealthy habits and compulsive use”. Continue reading...
cnbc.com
The Tech Download: Teen social media bans miss a key part of the puzzle: AI chatbots
Teenagers are increasingly becoming dependent on AI chatbots, echoing a familiar problem with social media in the 2010s.
theguardian.com
‘He’s forcing higher bills’: Trump spends billions to kill clean energy and keep coal alive
Critics accuse president of ‘fattening the wallets of his cronies’ as working Americans face higher energy ratesThe Trump administration has directly spent $2.7bn of taxpayer money on its crusade against wind power while pouring $1.125bn into boosting coal, which critics say is pushing up Americans’ bills.They say the moves are evidence that the president aims to serve fossil-fuel companies like those which donated record sums to his presidential campaign, rather than the working-class Americans to whom he pledged to lower energy bills and other costs. Continue reading...
theguardian.com
Ministers plan legally binding debt targets for England’s water companies
Exclusive: Move comes as allies of Andy Burnham work on proposals to take water companies into public controlMinisters are drawing up plans to set legally binding debt targets for England’s water companies as they look for ways to avoid another corporate failure such as Thames Water.Sources say Emma Reynolds, the environment secretary, is working on proposals that would force companies to keep their debt below certain levels for the first time or face legal punishment. Continue reading...
cnbc.com
Volkswagen to slash model lineup and shrink capacity — but no word on job cuts
The update followed a high-stakes boardroom showdown with the group's supervisory board.
cnbc.com
OpenAI exec Fidji Simo says she's stepping down due to chronic illness, will transition to advisor
Fidji Simo stepped away from OpenAI in April for a medical leave, says she now has to focus on recovery.
theguardian.com
French billionaire becomes Vodafone’s largest shareholder with £4.4bn stake
Xavier Niel buys 16% through investment vehicle Vega after Emirati telecoms group sells shareholdingThe French telecoms billionaire Xavier Niel has become Vodafone’s largest shareholder after buying a 16% stake for £4.4bn.On Friday, the Emirati telecoms group e&, which first took a stake worth £3.3bn in Vodafone in 2022, announced the sale of its entire shareholding for 112.5p a share. Continue reading...
theguardian.com
Pokémon Go fans gather in Times Square to celebrate 10 years of game – video
Pokémon Go celebrated its 10th anniversary with a Times Square takeover in New York featuring a special event to defeat the Pokémon species Mewtwo. Nearly 2,000 people played the game together simultaneously in what organisers called one of the largest in-person Pokémon battles in history Continue reading...
theguardian.com
Alarm over launch of facial recognition in UK shops that instantly alerts police
Civil liberties groups say Facewatch system in stores such as Sainsbury’s and B&M is ‘dangerous escalation’Facial recognition technology in shops will soon alert police in real time to the presence of serious offenders, with civil liberties groups warning of a “dangerous escalation” towards surveillance and criminalisation in the retail sector.Facewatch, a facial recognition system used by more than 100 businesses including Sainsbury’s, B&M and Spar to monitor thieves, said it was launching a UK-first feature to “alert police instantly when the most serious offenders trigger a live facial recognition match”. Continue reading...
theguardian.com
UK Treasury must change disciplinary process after worker’s suicide, mother says
Chloe Moffat, 26, killed herself day after meeting about anonymous complaint in which she was not allowed to bring a colleague The mother of a young woman who took her own life after facing disciplinary proceedings at the Treasury has called on the government department to change its practices.Chloe Moffat, 26, had worked at the Treasury as a personal assistant for almost three years. She “loved her job” and had an “exemplary employment record”, the coroner at her inquest heard this week. Continue reading...
cnbc.com
Abivax $920 million cash haul lets it prepare for solo U.S. launch instead of relying on a buyer, CEO tells CNBC
Its latest fundraising round provides the French biotech with enough cash to finance operations through 2029.
bbc.co.uk
Vapes to have less enticing names and flavours to protect children
People are being consulted about plans to stop vape companies using enticing flavour descriptions that "attract" children into experimenting.
cnbc.com
World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
bbc.co.uk
We've saved £6,000 on holidays by swapping homes with strangers
The BBC looks at the growing trend of people swapping homes to cut holiday costs.
theguardian.com
Swift nest reportedly thrown in skip during house renovations in South Tyneside
Conservationists fear more nests may have been destroyed during work on Jarrow houses by council-appointed contractorSwift chicks are feared to have been thrown into a skip during house renovations in South Tyneside, despite rules that should stop the destruction of nests.The Northern Swifts Group (NSG) was alerted to the destruction of at least one nest on Tuesday, in a street in Jarrow where houses were being renovated by South Tyneside council. Continue reading...
cnbc.com
EasyJet pops 13% as airline weighs $7.7 billion rival takeover bid from Apollo
A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.
theguardian.com
Here’s how Andy Burnham can finance a reindustrialised Britain – without doing a Liz Truss | Larry Elliott
Britain’s PM-in-waiting is right that the country has been failed by 40 years of neoliberalism. There will be obstacles, but he must embrace radicalism Of all the many prime ministers who have walked through the doors of 10 Downing Street in the past decade, the one Andy Burnham resembles most is Liz Truss. Both had a view of what was going wrong with the economy. Both wanted to break with the politics of managed decline. Both had ambitious ideas for what needed to be done.Truss, of course, came to grief within weeks of becoming prime minister, after her tax-cutting mini-budget was brutally rejected by the financial markets. The big question for Burnham is whether he can deliver on his agenda without suffering the same fate. He can, but it won’t be easy.Larry Elliott is a Guardian columnist Continue reading...
theguardian.com
Developing countries spend more repaying foreign debt than on education, UN reveals
Unesco report shows children lost out to servicing debt in 113 countries, with 18 spending five times more on loansMost developing countries spent less on education than they did repaying debt last year, according to the UN, at the same time as global aid to education is predicted to decline by up to 30%.More was spent on servicing foreign debt than on education in 113 developing countries in 2025, according to research by the UN’s culture and education agency, Unesco. In sub-Saharan Africa, countries spent 3.6 times more on debt than education. Continue reading...
cnbc.com
CNBC Daily Open: A week of narrative whiplash and vibe shifts
The U.S. will engage in "technical talks" with Iran, while markets await the U.S. debut of SK Hynix.
theguardian.com
US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer
Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this weekBusiness live – latest updatesThe board of easyJet has given the green light to a possible £5.7bn offer from the US private equity firm Apollo, as the low-cost airline becomes the subject of a surprise bidding war.The company’s board said on Friday that it was “minded to recommend” the potential all-cash offer, which values the business at £7.15 a share, to shareholders. Continue reading...
theguardian.com
‘I just want to know if it has caused my cancer’: life in the shadow of Lancashire Pfas factory
People in Thornton-Cleveleys want answers on the impact of widespread contamination around the chemical plant“Everything I wanted was finally coming to fruition. A house, a change of job and getting married,” says Liz Hurst, looking out to sea on a hot evening in Blackpool.“But then all of a sudden, everything was put on hold.” Fifteen years ago, Hurst was diagnosed with kidney cancer aged 32. Continue reading...
theguardian.com
Homes for sale with stylish bedrooms in England and Wales – in pictures
From a warehouse conversion in London with views of the water, to a 17th-century barn with an annexe used as a yoga retreat Continue reading...
cnbc.com
India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India has signed a third pact for the supply of missiles in the Indo-Pacific region as countries in the region grow wary of China's growing assertion.
bbc.co.uk
Drivers urged to shop around amid 11p fuel gap
The RAC says motorists are missing out on savings because many are not using price comparison tools.
bbc.co.uk
Why has the price of fish and chips gone up?
One Dorset fish and chip shop says VAT, the war in Ukraine and energy prices are pushing up costs.
theguardian.com
Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI
Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolutionChancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution.The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves’s final Mansion House speech to City bosses before Andy Burnham’s expected takeover of No 10. The government-backed initiative will commit employers to improving workers’ skills and helping them “keep pace” with significant technological changes that have prompted fears of mass redundancies. Continue reading...
theguardian.com
Oasis reunion helps draw record 25m ‘music tourists’ to UK concerts
Gigs by Gallagher brothers, Coldplay, Lana Del Rey and Beyonce gives £11bn boost to the economyBig name artists including Oasis with their highly anticipated reunion tour, Coldplay and Beyoncé helped to attract a record number of fans to travel to watch live music last year, helped by a surge in overseas visitors at UK gigs.A report from the industry body UK Music estimated that 24.7 million “music tourists” attended concerts and festivals last year, up 4.8% on 2024, leading to an unprecedented £11.2bn of spending across the UK economy. Continue reading...
theguardian.com
This thinktank exposed fat cats and obscenely high pay. Guess what has happened to it? | Polly Toynbee
The High Pay Centre revealed the excesses of CEO wages. But then anti-diversity winds blew in from across the AtlanticShock ricocheted around the world of social research this week with the sudden news of the imminent closure of the High Pay Centre (HPC). Founded in 2011 by the former Guardian business editor Deborah Hargreaves to focus on analysis of extreme pay at the top and the widening pay gap between CEOs and their average employees, its closure feels like the death of an idea.Others campaign on tax and redistribution but the HPC was concerned with “predistribution”. It was unique in looking at the origins of inequality in pay and control over pay rates. Its annual report is always covered, even by rightwing media, because each year it reawakens a sense of disbelief at the way we live now. Why would the median FTSE 100 CEO need £4.4m this year to do his (yes, mostly still his) gratifyingly high-status job? Why?Polly Toynbee is a Guardian columnist Continue reading...
theguardian.com
Telstra CEO Vicki Brady faces questions on nationwide outage – video
Returning from annual leave, Telstra chief executive Vicki Brady has faced a barrage of questions for the first time since the company's nationwide outage on Wednesday affected train services, payment systems and triple zero calls. Brady says the failure was not the result of job restructuring, insisting that 'people and processes worked as they should have'. She said Telstra would conduct a thorough investigation into the software glitch behind the outage.An earlier headline on this video incorrectly said Telstra was reviewing executive bonuses in light of the incidentHow a throwback to 2006 took down Telstra’s national phone networkAs the Telstra crisis unfolded, the Coalition fell victim to another communications failureTaylor defends Sarah Henderson’s triple-zero calls as SA police investigate claimed Telstra-outage death Continue reading...
bbc.co.uk
'Cool in 90 seconds' - the fake portable air conditioners sweeping the internet
The ASA says adverts claiming small devices can rapidly cool rooms were too good to be true.
theguardian.com
Vape packaging and flavouring face restrictions under UK plans to reduce appeal to children
Ministers consider bringing e-cigarette laws in line with tobacco as data shows 20% of teenagers have tried vapingVapes could be sold in plain packaging as part of a range of proposals to stop them being marketed to children.The UK-wide plans also include limiting device colours to white, black or grey, and keeping vapes out of sight in shops, according to the Department of Health and Social Care. Continue reading...
cnbc.com
Inside NATO's extraordinary 48 hours that revealed Trump's grip on global diplomacy
Steve Sedgwick goes behind the scenes of NATO's dramatic 48 hours, where Trump's changing tone reshaped diplomacy and left allies guessing.
bbc.co.uk
Pressure builds on Europe's biggest port to be greener
A lawsuit demands that the Port of Rotterdam moves faster to cut its dependence on fossil fuel firms.
cnbc.com
Micron shares rise almost 5% after company announces billions more in U.S. chipmaking investments
Micron announced a new round of investments aimed at boosting the U.S. semiconductor supply chain.
theguardian.com
Police investigate £500,000 Reform donations from mother of fraudster who backed Farage
George Cottrell’s mother, Fiona, at centre of criminal inquiry over potential evasion of restrictions on donationsPolice are investigating donations worth £500,000 made to Reform UK by the mother of a convicted fraudster and ally of Nigel Farage.The investigation concerns two donations of £250,000 made by Fiona Cottrell, whose son George has often accompanied Farage to Reform events and media appearances. The May 2024 donations are under investigation over whether they were intended to conceal a donation by an impermissible donor. Continue reading...
cnbc.com
Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations.
cnbc.com
A huge trade just happened on the Nasdaq 100. Bulls are taking notice
Tech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication.
cnbc.com
Trump claims to be 'No. 1' on TikTok. What does that mean?
Trump is the most followed world leader on the app, with nearly 17 million followers.
bbc.co.uk
Interest rates may need to rise this year, says Bank of England economist
Chief economist at the Bank of England says slower growth and inflationary pressures mean rate rise needed
theguardian.com
The Guardian view on Nigel Farage’s crypto cash: accountability is not a conspiracy | Editorial
Reform UK presents itself as the people’s voice while opaque digital wealth flows around it. That makes transparency a democratic necessityTwice now, the Guardian’s questions about Reform UK’s finances appear to have been pre-empted by stories friendly to the party. This paper revealed in April that Nigel Farage received £5m from the crypto billionaire Christopher Harborne – but an interview with Reform UK’s leader, claiming he needed the cash “for security”, was published hours earlier in the Telegraph. Then, Richard Tice’s suggestion that the National Crime Agency (NCA) had leaked the MP’s bank statements landed on the Telegraph site on Tuesday, just before the Guardian said bankers had reported the £5m donation to law enforcement over money-laundering concerns.A party serious about probity would have no issue answering questions about such cash. Instead, Reform uses a pliant media outlet to frame scrutiny as persecution. In Mr Farage’s world, the questions become the scandal, not the large undisclosed sums. That is a warning about how an authoritarian nationalist party that aspires to govern treats accountability: not as a democratic obligation, but as an attack.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
cnbc.com
OpenAI's newest AI model is 54% more token efficient on agentic coding, Altman tells CNBC
The company is rolling out GPT-5.6 Sol, Terra and Luna after an initial limited launch.
cnbc.com
Trump can halt trade with Spain using law behind scrapped tariffs: Greer
Trump asserted that IEEPA authorized him to slap tariffs on nearly every country, but the Supreme Court struck down those import duties.
theguardian.com
The fight against AI data centers is important – but it’s just a starting point | Bruce Schneier and Nathan E Sanders
AI companies want to capture the value created by entire industries. That concentration of wealth and power is society’s greatest riskOpposition to AI datacenters has emerged as a primary theme in US politics, one that – surprisingly – doesn’t fall along party lines. We applaud people coming together for constructive debate on any issue, and agree that communities need to evaluate whether any economic benefits these datacenters bring is worth their costs. Still, we worry that a focus on datacenters obscures the larger impacts of AI on people’s lives: the concentration of power of AI companies, and their widespread political and financial influence.Local datacenter opposition is grounded in legitimate concerns about misallocation of land resources when housing is at a premium, pressures on already higher energy prices, and localized environmental impact. Unlike other resource-consuming and polluting industrial facilities, datacenters produce very few jobs. The fact that US opposition to datacenters seems to be most fierce among lower-income communities reflects righteous indignation with an inequitable bargain, where tech companies and developers profit from exploiting local resources but offer little in return. On a global scale, their carbon footprint could grow unsustainably if usage accelerates. And all this is in aid of a technology that many fear will propagate misinformation, take their jobs, or even cause existential risks for humanity. Continue reading...
cnbc.com
Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin
Competition in the multitrillion-dollar market for retirement assets is fierce among managers such as Goldman Sachs, BlackRock, Russell Investments and Mercer.
bbc.co.uk
Big fall in oil, gas and cargo ships taking US-backed Hormuz route after new strikes
Data shows a decline in the number of ships - many carrying oil and gas - going through the waterway after attacks this week.
theguardian.com
Tesco’s overseas empire is in retreat – but shareholders have no complaints | Nils Pratley
The supermarket’s central Europe stores may be sold as it doubles down on domestic dominance A couple of decades ago, Tesco was going to bestride the globe. Little ol’ UK, plus Ireland, didn’t offer enough room for the country’s biggest supermarket chain to expand, ran a theory that was encouraged from outside by complaints about a “Tescopoly”.“We are on the threshold of becoming one of the few successful international retailers,” declared Sir Terry Leahy, then the chief executive, in 2007, confidently predicting that half the group’s revenues would come from overseas within a decade. Continue reading...
cnbc.com
Meta jumps into AI coding market in effort to chase Anthropic and OpenAI
Meta is upgrading its Muse Spark artificial intelligence model under the leadership of AI chief Alexandr Wang.
theguardian.com
Licensed to drill? How a Trump-linked Texas oil company is elbowing its way into Greenland
Greenland Energy says billions of barrels of crude could lie beneath territory and claims it has permission to bring drilling kit ashore – a claim denied by NuukOn 10 June, a snowy-haired American in his 60s addressed the residents of a remote Greenland hamlet. He was there to tell them about a business venture supported by figures linked to Donald Trump. “So,” Robert Price said via an interpreter, “we have a project to drill for oil here.”The Texas oil company that Price represents, Greenland Energy, hopes to prove that billions of barrels of crude lie underground by bringing in 300 shipping containers of drilling kit. Continue reading...
theguardian.com
Five pressing questions for Reform UK about its finances
Questions swirl about origins of gifts, loans and donations as even party supporters wonder if it can weather the storm Why is Farage quitting as an MP, only to stand again?Scrutiny is mounting on Reform UK’s finances.On Tuesday, amid an investigation by parliamentary standards into an undisclosed £5m gift, Nigel Farage announced he would resign and trigger a byelection in his constituency of Clacton-on-Sea. Continue reading...
theguardian.com
Experimental bathtub: the remote lake island trying wave power to boost energy security
Researchers on Beaver Island, in Lake Michigan, are trying to find a more reliable form of power using local resourcesBeaver Island sits in the middle of the northernmost end of Lake Michigan, about 70 miles from the maritime border with Canada. The forested island, just a little bigger than San Francisco in size, is a popular summer destination for tourists and home to about 600 permanent residents. Getting there requires a boat or plane ride.Getting electricity to the island is not as easy. Power comes from mainland Michigan through cables that cross roughly 30 miles of lake bed. Outages are common during extreme weather, or when there are problems with the sensitive wires. The devastating ice storm that walloped the state last year knocked out power to the island for weeks. Continue reading...
cnbc.com
Ukraine’s drone playbook is wreaking havoc in Russia — and upending where NATO wants to invest
Ukraine’s deep drone strikes on Russian refineries are reshaping the war and pushing NATO toward a $40 billion counter-drone plan.
cnbc.com
Trump says Iran called to make a deal after U.S. strikes; adds it's unclear if war is back on
When asked whether the U.S. and Iran are returning to a full-scale military conflict, Trump responded: "I don't know."
bbc.co.uk
Porn site company fined £630,000 over failed age checks
Ofcom has fined a slew of sites it says are failing to prevent children accessing their adult content.
bbc.co.uk
Welfare cuts: What's been happening with Pip and universal credit?
The government commissioned a review into Pip last year after it was forced to water down planned cuts to benefits.
bbc.co.uk
Jackdaw boss warns of winter fuel shortage risk if gas field not approved
Adura says the UK government must approve North Sea production urgently to avoid domestic supply shortages.
bbc.co.uk
How can I get air conditioning in my home and how much does it cost?
As summers in the UK get hotter, is it time for air conditioning to become a permanent feature in most homes?
cnbc.com
Why the world’s best-performing stock market this year fell into bear territory
The Kospi fell more than 5% on Wednesday, which brought it 20% below its June 19 record high, according to LSEG data.
theguardian.com
Britain’s dysfunctional dynamic: the public wants change, but those in power always tell them it’s not possible | Andy Beckett
Whenever major reform is proposed the media, big business and Westminster quickly conclude it’s too expensive and disruptive. This doesn’t bode well for Andy BurnhamIn an old, often anxious and conservative country, the perception of risk is a potent political weapon. If a policy or a project for reforming the UK seems too risky, or can be made to seem so by its opponents, then it can usually be quickly killed off. It can be added to the pile of possible futures that never occurred.In politics as in life, riskiness is sometimes real. To see that Brexit or Britain’s involvement in the 2003 invasion of Iraq might not end well did not require huge foresight. Yet often the perception of risk is politically constructed: a reflection of powerful forces, their self-interest, and what they do or don’t want to happen.Andy Beckett is a Guardian columnist Continue reading...
theguardian.com
Frump well and truly dumped: M&S to celebrate 100 years at London fashion week
Reputation for frumpiness is over as M&S wins over younger audience with shows at Silverstone, Ibiza and now LFWThis autumn’s London fashion week boasts plenty of familiar labels, from Burberry to Alexander McQueen, ready to show off their wares. But on Wednesday there was an unexpected addition: Marks & Spencer is joining the luxury lineup.The British high-street retailer will celebrate its 100th anniversary in the fashion industry by staging a catwalk show in September highlighting its latest women’s and menswear collections. Continue reading...
theguardian.com
A brilliant and bonkers day out: how art and spectacle transformed a former Durham mining town
Bishop Auckland is abuzz with culture and family fun, thanks to the vision of Auckland Palace’s owners – and the new Kynren show featuring birds of prey, Viking raids and mythical beasts, which opens next weekBooming Hans Zimmer-style cinematic music reaches a crescendo, shaking my bones. Two turquoise macaws swoop within an inch of my hair and join a sky filled with nearly 250 birds. Hawks, kites, pelicans, and an owl soar and swoop around a pagan-looking wooden circle. Peacocks fuss at the makeshift river below, coaxed by two actors telling the story of humans’ relationship with nature. Grey clouds roll in, dark with rain. After all, we are risking an open-air performance in north-east England. I’m at a preview of Kynren: the Storied Lands, the latest gloriously unrestrained project in the market town of Bishop Auckland, 12 miles south of Durham.I grew up near Bishop Auckland, which was once an important coal-mining and railway town. Last time I was here, its centre was dominated by discount stores. If, in 2003, you’d told teenage me that the high street would become an ode to art, history and culture, I would have laughed. Well, I would have grunted and turned up the Nu metal on my MP3 player. Continue reading...
bbc.co.uk
Life of Sizewell B extended by another 20 years
The power plant was due to reach the end of its life in 2035 but will now continue until 2055.
theguardian.com
‘It makes your heart sing’: can a pioneering project show that rewilding really works?
Intensive farming has all but destroyed England’s ancient woodlands and freshwater wetlands. On a farm in Lincolnshire a radical aristocrat hopes to show there’s money in protecting nature• The summer issue of the Long Read magazine is out now. Click here to orderIn the silent countryside south of Grantham, three vast steel barns rattled in the breeze. Gathered in a loose circle beside them were 15 landowners, land agents and a couple of young investors; all expensively dressed men, many with a sceptical mien. It was June 2022, and Sir Charles Raymond Burrell, 10th Baronet, was explaining how the purchase of 1,525 bleak acres (617 hectares) of prairie fields of wheat and beans could revolutionise farming and nature conservation, not just in South Lincolnshire but across Britain and beyond.Burrell, known by everyone as Charlie, led the group on a walk from the barns beside the unlovable modern farmhouse, a red-brick behemoth with small windows like piggy eyes. We began by crossing a field of broad beans. Less than a century ago, it had been a patchwork of 10 fields. As we walked over the hard, cracked ground, we encountered not a single insect. Later, by a verge, a couple of butterflies flew. As for humans, we didn’t meet a single other person in our two-and-a-half-hour stroll across a range of footpaths and field edges. “This is a ruined landscape,” said one of the guests, the architectural historian Matthew Rice. “Not because of the soils. Because there are no people here. I’m sorry there are not enough stoats but I’d like there to be some children here, too.” Continue reading...
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
I run the UK's biggest bank, here are five ways to manage your money
The CEO of Lloyds Bank talks about how to save, budget, avoid scams and manage money in a relationship.
bbc.co.uk
Why electric cars cost more to insure - and what's being done about it
The insurance cost of electric vehicles is still putting off many would-be buyers. So what can be done about it?
cnbc.com
Trump's European allies add distance on Iran following testy NATO summit
President Donald Trump spent two days in Ankara, Turkey with other NATO member leaders.
bbc.co.uk
Online marketplaces still selling dozens of unsafe baby products, Which? finds
Pillows, sleeping bags and feeders subject to safety notices were found on sites including Amazon and TikTok.
theguardian.com
Millions of pounds and many, many questions: the untold story of why Reform figures face NCA scrutiny
Exclusive: The details behind the financial transactions that bankers have flagged up to the National Crime AgencyThe rise in public support for Reform UK – and Nigel Farage’s own prediction that he expects to be the UK’s next prime minister – has put the party and its leader in unfamiliar territory.Their policies and candidates are coming under greater scrutiny, and now, so is their funding. Continue reading...
theguardian.com
Will Trump invade Cuba? – podcast
Since Donald Trump threatened to ‘take’ Cuba, the Caribbean island has been on edge. Escalating US sanctions and an oil blockade has crippled essential services, plunged the country into blackouts and ground life for its 10 million people to a near halt.Nour Haydar speaks with Ruaridh Nicoll about what life is like on the ground in Havana – and if US military intervention could be nextRead more:No electricity, no gas, no sleep: Cubans on edge amid endless outagesCubans outraged at US charges against Raúl Castro as fears of military strikes grow Continue reading...
bbc.co.uk
How to find lost bank accounts
How to find lost bank accounts
bbc.co.uk
Jackdaw owner says gas field will 'not materially influence' climate change
The new assessment was required by the industry regulator, after it found several areas had not been adequately addressed in a previous submission.
bbc.co.uk
Outcry as Meta lets users make AI images from public Instagram profile pics
The tech giant said people can opt out - but privacy campaigners called it a "recipe for disaster".
bbc.co.uk
Virgin Media fined after hanging up on customers trying to cancel contracts
Millions of phone calls from customers were "likely mishandled" over nearly a three-year period, the regulator says.
bbc.co.uk
The places where it's cheaper to holiday this summer
Family deals to many non-European destinations are cheaper this summer than last, as travel nerves have slowed bookings.
bbc.co.uk
From mouthwash to hair dye: How weight-loss jabs are changing shopping habits
The BBC looks at how spending habits have shifted as users report feeling less hungry.
theguardian.com
The rapid rise of housefishing: are AI-enhanced property listings helpful – or sinister?
From repainted walls to imaginary lawns, estate agents say modified photos help buyers ‘visualise the potential of a property’. But how much AI enhancement is too much? Agents, viewers and trading standards experts tell allIt is twilight on a desirable street in Chiswick, or it could be Hampstead, Wilmslow or Hove. A spectacular sunset has left a vivid stripe of orange fading into a violet sky. Against this saturated backdrop, a large Victorian house is clearly outlined despite the darkening atmosphere, perhaps thanks to the lights blazing from every single room. The effect is dazzling, in an unhinged, halfway-through-an-exorcism way. It is also quite obviously fake: a digital trick previously achieved with software such as Photoshop, but increasingly using quicker, cheaper AI programs.If you are one of the many Britons for whom browsing expensive property listings is a big pastime, you’ll be familiar with the dusk shot, one of the many ways estate agents try to make their wares stand out in the endless scroll of Rightmove, Zoopla and Instagram. It is a level of artifice that most of us are prepared to overlook. We understand we are being sold a dream and we are generally happy to be transported to a world untroubled by the energy crisis, nosy neighbours or natural shadow. Continue reading...
bbc.co.uk
Trains and emergency calls affected after major outage at Australia's largest telecoms company
Servers at data centres in Sydney and Melbourne were to blame but the exact cause remains unknown.
bbc.co.uk
Australia dock workers call for 28-hour week in AI talks
A union says workers are "in the crosshairs" of automation as AI is being tested across ports.
bbc.co.uk
Airbnb data identifies illegal social home sublets
Nearly 6,000 social homes are thought to be illegally listed on short-term rental platforms.
theguardian.com
‘More public control’: what will Burnham do about water and energy?
In the fifth of a series on nationalisation, we look at utilities – including the cost of ending private ownershipWill Burnham ‘go big’ in expanding the role of the state?Atlee: the postwar blueprint that inspires BurnhamHow council housebuilding is central to Burnham’s visionHow Burnham aims to shake up UK transportWhen the former Undertones frontman turned campaigner Feargal Sharkey backed Keir Starmer for prime minister in 2024, he hoped that the Labour leader would be the man to clean up Britain’s polluted rivers and bring the water industry into public ownership – starting with troubled Thames Water.Two years later, Sharkey has been disappointed. Now he is hoping that Andy Burnham will begin the job when he is confirmed as prime minister. Continue reading...
theguardian.com
Datacentres are booming – and there goes the neighbourhood | Jess Harwood
Be careful what you wish forSee more of Jess Harwood’s cartoons here Continue reading...
bbc.co.uk
Hundreds of jobs at risk as John Lewis plans to cut some services
No final decision has been made but the job cuts will happen in the autumn if the redundancy plans are approved.
bbc.co.uk
Victims of 23andMe data breach to get $47m payout, judge rules
23andMe compiles genetic profiles of people through DNA testing kits, but it was heavily criticised after a 2023 hack.
bbc.co.uk
People Fixing The World
The people turning life experience into business ideas with funding and other support
theguardian.com
UK house prices rise for first time since start of Iran war
Typical property cost £299,330 in June, 0.2% more than the month before, says LloydsBusiness live – latest updatesHouse prices across the UK have risen for the first time since before the onset of the Iran war, leaving property values narrowly below those at the start of the year, according to a survey.The typical property cost £299,330 in June, a 0.2% increase on the month before. This came after a monthly drop of 0.2% in May, according to the latest Lloyds house price index, previously known as the Halifax HPI. The annual growth rate edged higher to 0.6% from 0.5%. Continue reading...
theguardian.com
Sun stoppers: seven ways to keep your home cool this summer
You can keep temperatures down without the cost – or environmental price – of air conditioning. Here’s some tips and tricksThe best fans to keep you cool in 2026 – tried and testedIn the UK we are used to worrying about our homes being warm enough, but after struggling to cope with high temperatures in May and June the race is on to cool them down before the next heatwave hits.And while it might be tempting to swap your desktop fan for a portable air conditioner, there are lots of low-cost, more sustainable ways to stop rooms overheating. Continue reading...
theguardian.com
Student loan promotion in England and Wales amounted to mis-selling, MPs say
Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freezeSlideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said.The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at £29,385 for three years from April 2027. Continue reading...
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
Shoppers hit by hidden fees
Shoppers hit by hidden fees
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The legal fight to get equal pay for Germany's disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.
bbc.co.uk
Do you know your 'sweat score'? The rise of hydration tech
Hydration tracking gadgets are flooding the market but is it too much information?
bbc.co.uk
Is Germany looking again at coal-powered electricity?
It had planned to abandon the fuel, but the higher cost of natural gas may make it think again.
bbc.co.uk
The artificial ice pyramids saving India's mountain villages
Himalayan villages are creating artificial glaciers to guarantee water for their crops in the spring.
bbc.co.uk
'We had to get out of the way': The backlash over delivery robots
As the delivery vehicles increasing take to US streets, bans and protest groups are springing up.
bbc.co.uk
What is Helium-3 and could we get it from the moon?
Helium-3 is expensive and demand is forecast to soar, so some are planning to mine it on the moon.
bbc.co.uk
Why I sold my business to my staff
As more US company owners reach retirement age many are selling up to their employees.
bbc.co.uk
India's 'blue gold' starts a new drinks industry
Agave plants grow wild in India and new distillers are using them to create a spirits industry.
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
New candy stores are popping up across NYC. Why?
While US consumer confidence is at an historic low the Big Apple's sweet shops are expanding.
bbc.co.uk
Could humanoid robots be heading for the battlefield?
Armed forces are experimenting with humanoid robots, but battlefield deployment is some way off.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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